USHAMARTNSE27 November 2025

Usha Martin Limited has informed the Exchange about Investor Presentation

Usha Martin Limited

USHA MARTIN

Date: 27th November 2025

The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 [Scrip Code: 517146]

The Manager National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra Mumbai – 400 051 [Symbol: USHAMART]

la Bourse de

Societe de Luxembourg 35A Bouleverd Joseph II L-1840, Luxembourg [Scrip Code: US9173002042]

Dear Sir/Madam,

Sub.: Investor Presentation

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Presentation – November 2025.

The said presentation www.ushamartin.com

is also being made available on the website of the Company

i.e.

This is for your information and records.

Thanking you,

Yours faithfully,

For Usha Martin Limited

Manish Agarwal Company Secretary & Compliance Officer

Enclosed: As above

USHA MARTIN LIMITED CIN : L31400WB1986PLC091621

frr> Regd. Office: 2A Shakespeare 'v Sarani, Kolkata - 700071 , India

0 (00 9133) 71006300 .C:::::,. (00 91 33) 71006492

B contact@ushamartin.co.in

www.ushamartin.com

INVESTOR PRESENTATION

Specialty wire rope and engineering solutions provider

November 2025

Disclaimer

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Usha Martin Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any o(cid:442)er, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No o(cid:442)ering of securities of the Company will be made except by means of a statutory o(cid:442)ering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this presentation may contain forward looking statements concerning the Company’s future business prospects and business proﬁtability. Such forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that are di(cid:443)cult to predict. These risks and uncertainties include, but are not limited to, the Company’s ability to manage growth, the ﬂuctuations in earnings, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, the Company’s ability to manage its international operations, Government policies and actions regulations, interest and other ﬁscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company.

USHA MARTIN

Investor Presentation

| 2

Contents

1) Company Overview

2) Competitive Edge

3) One Usha Martin Initiative

4) Financial Overview

5) Summary

6) ESG

7) Annexure

Investor Presentation

| 3

COMPANY OVERVIEW

Investor Presentation

| 4|

Leading global and India’s no.1 specialty steel wire rope solutions provider…

OFFERING WIDE RANGE OF:



Specialty wire ropes

High quality wires

Low relaxation prestressed concrete steel strand (LRPC)

Bespoke and end-ﬁtments, related services

~65 yrs. Rich Legacy

06 Continents

~3,100 Worldwide Employees

3,474 Cr. Consolidated Revenue

~30,000

EBITDA per tonne

406 Cr. Consolidated PAT

06 Manufacturing Facilities

19.3% ROCE

USHA MARTIN

Note: As on 31st March 2025

Investor Presentation

…with diversiﬁed presence across geographies and end-industries



State-of-the-art manufacturing facilities: Ranchi, Hoshiarpur, Dubai, Bangkok, UK and Silvassa

 Global Development Center (GDC) at Italy: Engaged in using proprietary design software to develop best in class products

 Worldwide network: Extensive and dedicated network spread across the globe enabling proximity to international market



SKUs: Highly customized o(cid:442)erings has led to a broad SKU portfolio serving critical applications across diverse industries

Consolidated Revenue Break-up1

Product Segmentation

Others, 8%

Wire & Strand, 10%

LRPC, 8%

Wire Rope, 74%

USHA MARTIN

Note 1: As on 30th September 2025 Note 2: For all product segments

End Industry Segmentation2

Geographic Segmentation2

Others, 2%

Fishing, 3%

Mining, 6%

Utilities, 3%

Engineering, 24%

Americas, 9%

Middle East & Africa, 9%

Elevator, 10%

Auto, 6%

Crane, 19%

Asia Paciﬁc, 12%

India, 42%

Construction & Infrastructure, 10%

Oil & O(cid:442)shore, 17%

Europe, 28%

Investor Presentation

Usha Martin’s strategic transformation

TURNAROUND Deleveraging, steel divestment

CONSOLIDATION Focus on value mix, organization alignment, ESG integration

GROWTH Capex-led growth, digital integration, One Usha Martin initiatives

FY19 – FY21

Divestment of steel business resulting in:

 Sharp deleveraging

 Reshaped balance sheet

FY22 – FY25

FY26 onwards

 Renewed focus on high-value specialty wire rope

 Value-accretive capex onstream

business

 Initiation of One Usha Martin program to unify global operations and leadership alignment in FY25

 Strengthened governance and ESG integration

across geographies

 Broadening specialty portfolio across

critical applications to enhance margin resilience

 Increase geographical reach and customer

penetration in strategic markets

 Full-scale realization of “One Usha Martin” beneﬁts, driving sustainable growth and e(cid:443)ciency

USHA MARTIN

Investor Presentation

COMPETITIVE EDGE

Investor Presentation

In an industry with high entry barriers…

Critical Critical Component Of Component Of End-product End-product

Close Customer Close Customer Engagement Engagement

High-end applications of wire ropes are a mission critical component of end-product, making safety an absolute priority

Long cycles for new customer and OEM approvals foster deep, sticky relationships

High Customer High Customer Switching Costs Switching Costs

Customers have little incentive to switch once a product is entrenched in their ecosystem because of requaliﬁcation e(cid:442)ort, performance uncertainty, and downtime risks

Technical Know-how Technical Know-how

Years of niche design, research & development, and application experience are required to compete

USHA MARTIN

Investor Presentation

…Usha Martin holds a competitive edge to fuel growth

Brand value established over 60 years

Comprehensive product portfolio across diverse critical applications

Focus on services – o(cid:442)ering total solutions to clients

Global ‘close- to-consumer’ footprint

Robust R&D and innovation capabilities

Strong ﬁnancial position

USHA MARTIN

Investor Presentation

Brand value established over 60 years

Foundation of a wire rope plant in Ranchi (India) in collaboration with Martin Black (UK)

Acquisition of European Management & Marine Corp in Scotland

Setting up the distribution center in the USA

Incorporation of UM Cables at Silvassa

Setting up the distribution center in Indonesia

JV with Tesac Wire Ropes Co. Ltd of Japan

Set up of GDC – Global Development Center in Italy

Setting up a new facility for Oceanmax at Brunton Shaw

1960s

1990s

2010s

1970s – 80s

Incorporation of Usha Siam in Bangkok

USHA MARTIN

2000s

Acquisition of Brunton Shaw UK

Setting up the distribution center in Singapore

Incorporation of Brunton Wolf Wire Ropes in UAE

Acquisition of the Hoshiarpur factory

Setting up the distribution center in Australia

JV with Joh Pengg Austria in Ranchi

Acquisition of De Ruiter Staalkabel in the Netherlands

Setting up the distribution center in Vietnam

2020s

Acquisition of remaining stake in Brunton Wire Ropes

Setting up a subsidiary in Saudi Arabia

Acquisition of the remaining 50% stake in TESAC Usha to form Usha Siam Specialty Wire Rope

Setting up the Usha Martin Learning Academy (UMLA) in Ranchi

Investor Presentation

Comprehensive product portfolio across diverse critical applications

Oil & o(cid:442)shore ropes

Surface mining: 45 days - 150 days Dragline dump: 7 days – 14 days

Underground mining: 1.5 – 3 years

Fishing: 6 months – 12 months

Elevator ropes: 8 years - 10 years

Crane wire ropes: 6 months - 18 months Piling: 60 piles – 120 piles

Cable supported bridges & structures

Aerial transportation: 2 years – 3 years

USHA MARTIN

Note : Replacement cycles mentioned above depend on the nature of usage

Investor Presentation

Focus on services – o(cid:442)ering total solutions to clients

Spooling & Cutting of Heavy Reels

Mechanical Splicing

Testing & Site Inspection Services

Socketing

Long Splicing

2000-tons Capacity Test Bench Facility

USHA MARTIN

Investor Presentation

Global ‘close-to-consumer’ footprint

Nottinghamshire UK

Dubai UAE

Ranchi, Hoshiarpur, Silvassa India

Bangkok, Thailand

Distribution Centre / Rigging Facilities: • Aberdeen, UK • Ho Chi Minh City, Vietnam • Houston, USA • Al Khobar, Saudi Arabia • Jakarta, Indonesia • Rotterdam, Netherlands • Singapore, Singapore • Perth, Australia • Sydney, Australia

R&D Centres: • Concesio City, Italy • Ranchi, India

6 Manufacturing facilities

6 Continents presence

9 Distribution centres / rigging facilities /

•

6 Sales o(cid:443)ces in India

USHA MARTIN

Note : The facilities mentioned on this slide are owned by Usha Martin Ltd., which are additionally supported by an extensive network of distribution partners and outlets both in India and across the world

Investor Presentation

Robust R&D and innovation capabilities – (I)

Global Development Centre – Usha Martin Italia

 GDC has >40 years experience in rope design and application engineering

 Actively engaged in designing of wire ropes with a proprietary design software

 Responsible for technical guidance on product development, conducting training for customers

about rope properties, and managing specialized tests

 Project management and quality assurance for critical supplies

 Close co-operation with customers, universities and research institutes

 Active part of the most important international committees (CEN, IMCA, OIPEEC, OITAF, IABSE)

USHA MARTIN

GLOBAL DEVELOPMENT CENTRE

USHA MARTIN

Investor Presentation

Robust R&D and innovation capabilities – (II)

In-house machine manufacturing capability driving operational excellence



Integrated in-house machinery design and manufacturing unit

 Deep engineering expertise

 End-to-end integration

 Accelerated modernization cycles

 Sustained reliability and uptime advantage

 Strategic di(cid:442)erentiator

USHA MARTIN

Investor Presentation

USHA MARTIN

Investor Presentation |

| 17

One Usha Martin – Transforming into a uniﬁed global enterprise

Building a lean, agile and integrated organization to drive long-term growth



Enterprise-wide program bringing together people, operations, and geographies into a single, uniﬁed organization

Designed to break down silos and create agility, alignment, and transparency across the global business

Embeds a culture of accountability, collaboration, and future-readiness through common systems and leadership practices

Strategic focus on customer centricity, cost optimization and working capital e(cid:443)ciency

Core Pillars of Transformation:

One Technology

Digital backbone

One Business

Operational e(cid:443)ciency

One Leadership

Agile & empowered organization

One Market

One Logistics

Market expansion & customer centricity

Global reach and seamless operations

USHA MARTIN

Investor Presentation

Pillar-wise initiatives & execution progress

TRANSFORMATION PILLAR

KEY INITIATIVES

BENEFITS

ONE TECHNOLOGY

 Digital platforms are being rolled out globally - SAP S/4 HANA for core operations, Salesforce for CRM,

and SuccessFactors for HR and talent development

 Real-time dashboards and analytics being created a single source of truth for performance tracking

Global process integration, improved transparency and data-driven decision-making

 Operations have been streamlined by establishing a shared service center in India to transition certain

support functions from overseas teams and refocus them on customer growth

 Processes have been harmonized by sharing best practices globally e.g., in procurement - strengthening

ONE BUSINESS

vendor negotiations and unlocking economies of scale

 Manufacturing has been integrated e.g., Brunton Shaw UK with India operations – rope production for certain

segments has shifted to Ranchi while UK retains specialized segments

 Policies such as transparent inter-company pricing to ensure closer collaboration, e(cid:443)ciency, and compliance

Signiﬁcant cost savings, improved competitiveness, strong controls and governance

• t

ONE LEADERSHIP

 A uniﬁed reporting structure has improved collaboration and transparency across geographies and functions  A global performance management scheme has linked incentives and KPIs to group-wide priorities  The Employee Stock Option Plan (ESOP) has empowered the workforce as long-term stakeholders  Succession planning and training through common platforms like the Usha Martin Learning Academy

Improved organization alignment, accountable workforce, future-ready organization

ONE MARKET

 Brand identity harmonized across geographies, presenting a consistent global face  Cross-functional global teams have been created for key segments such as elevators, ports, mining,

and oil & o(cid:442)shore, combining commercial, technical, and operational expertise

Consistent global presence and deeper application expertise to capture growth across critical segments

···········•·········•··•············•··•·········•·•·•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••  A uniﬁed global logistics team has been created to centralize planning, negotiations, and shipment tracking

ONE LOGISTICS

Optimized freight costs, enhanced visibility, and timely, reliable deliveries

USHA MARTIN

Investor Presentation

FINANCIAL OVERVIEW

Investor Presentation

Strategic initiatives have strengthened Usha Martin’s consolidated operational and ﬁnancial performance



Volume growth to be further supported by capacity expansion and debottlenecking initiatives

Greater focus on high value o(cid:442)erings to continue driving margins and overall growth

Ongoing cost optimization initiatives driving operating leverage and e(cid:443)ciency gains

Delivery Volumes (‘000 MT)

Revenue (in Rs. crore)

189

192

181

198

174

3,268 3,225

3,474

2,688

2,097

101

1,795

FY21

FY22

FY23

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

EBITDA1 (in Rs cr) & Margin(%)

13.5% 14.3%

18.6%

17.2% 17.7%

15.7%

599

598

513

284

384

I I I I I I

318

FY23

FY24

FY25 H1FY26

FY22

FY21

PAT2,3 (in Rs. crore)

424

406

351

291

156

I I

228

FY21

FY22

FY23

FY24

FY25 H1FY26

Note 1: EBITDA calculated without other income Note 2: PAT from continuing operations adjusted for normalized tax for FY20; FY22 PAT includes exceptional income of Rs. 31 crore Note 3: PAT for FY22 includes Rs. 20 crore of deferred tax credit; H1FY26 PAT is from continuing operations

USHA MARTIN

Investor Presentation

Key operational highlights



Overall sales volumes registering stable growth, reﬂecting steady demand across key segments

 Wire rope and wire segments

contributing strongly to the overall increase in volumes



Segment-wise contribution to overall volumes (H1 FY26):

 Wire Rope – 54%

 Wire – 23%



LRPC – 23%

Sales Volumes 1 (‘000 MT)

Wire Rope Sales Volumes (‘000 MT)

174

189

192

181

198

104

101

FY21

FY22

FY23

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

Wire & Strand Sales Volumes (‘000 MT)

LRPC Sales Volumes (‘000 MT)

USHA MARTIN

Note 1: For all product segments Note 2: All ﬁgures mentioned in the slide are consolidated volumes

Investor Presentation

FY21

FY22

FY23

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

Segmental revenue overview

IN RS. CRORE



Core wire rope segment revenues increased by 5.1% Y-o-Y in H1 FY26

 Wire segment revenues increased by 22.7% and LRPC segment registered a 14.6% Y-o-Y decline



Segment-wise contribution to overall sales (H1 FY26):

 Wire Rope – 74%

 Wire – 10%



LRPC – 8%

Wire Rope

Wire & Strand

2,194

2,277

2,487

307

327

339

328

274

1,640

1,289

I I

FY22

FY21

FY23

FY24

1,320

FY25 H1FY26

185

FY21

FY22

FY23

FY24

FY25 H1FY26

LRPC

502

494

333

386

366

FY21

FY22

149

I I

H1FY26

FY25

FY23

FY24

USHA MARTIN

Note 1: All ﬁgures mentioned in the slide are consolidated ﬁnancials

Investor Presentation

Continuing shift towards value accretive products, applications and geographies

Consolidated Revenue Break-up1

PRODUCT SEGMENTATION

END INDUSTRY SEGMENTATION 2

GEOGRAPHY WISE BREAK UP 3

Others, 8%

Wire & Strand, 10%

LRPC, 8%

Others, 8%

Wire & Strand, 9%

LRPC, 11%

6 2 Y F 1 H

5 2 Y F

Fishing, 3% Others, 2%

Mining, 6%

Utilities, 3%

Engineering, 24%

Americas, 9%

Middle East & Africa, 9%

Elevator, 10%

Auto, 6%

Wire Rope, 74%

Crane, 19%

Asia Paciﬁc, 12%

Construction & Infrastructure, 10%

55%

Oil & O(cid:442)shore, 17%

Fishing, 3% Others, 3%

Mining, 5%

Utilities, 3%

Engineering, 23%

Europe, 28%

Americas, 7%

Middle East & Africa, 9%

Wire Rope, 72%

Elevator, 8%

Auto, 6%

Crane, 16%

53%

Asia Paciﬁc, 13%

Construction & Infrastructure, 12%

Oil & O(cid:442)shore, 21%

Europe, 26%

India, 42%

58%

55%

India, 45%

USHA MARTIN

Note 1: For all product segments and excluding intra-group sales Note 2: The data label highlighted in green represents value-added segments Note 3: Data labels in green represents international operations

Investor Presentation

Resilient business model insulated from raw material volatility



E(cid:442)ective management of input cost volatility has supported consistent EBITDA/ton delivery

Steel Price1 (Rs. per tonne)

-~ ----------------

50,958

54,097

55,392

53,618

52,316

56,317

61,691

44,112

FY21

FY22

FY23

FY24

FY25

Q1FY26

Q2FY26

H1FY26

EBITDA/tonne2 (Rs.)

32,299

-----

30,148

28,502

34,915

31,656

26,473

15,880

19,624

USHA MARTIN

Note 1: Average consumption rate of the Group for the mentioned period Note 2: Consolidated EBITDA calculated without other income & excluding UM Cables

Investor Presentation

FY21

FY22

FY23

FY24

FY25

Q1FY26

Q2FY26

H1FY26

Healthy balance sheet to support growth initiatives

Net worth (in Rs. crore)

Net Debt (in Rs. crore)



Sustained working capital e(cid:443)ciencies and improved cash ﬂows continue to enable consistent, self-funded investments

Continued focus on prudent capital allocation to fund expansion while preserving balance sheet resilience

One Usha Martin initiatives to drive operational integration and improved working capital discipline across global operations

1,697

1,407

I I I

FY22

FY23

FY21

2,965

2,752

342

2,384

2,035

191

185

124

-111

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

Net Working Capital (% of Revenue)

32.8%

32.9%

33.2%

30.2%

28.8%

29.1%

1,089

1,028

1,199

1,144

0.24

874

674

Net Debt to Equity

ROCE

0.11

0.09

0.05

0.02

-0.04

13.3%

22.5% 22.8%

20.8%

19.3%

20.3%

FY21

FY22

FY23

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

FY21

FY22

FY23

FY24

FY25 H1FY26

USHA MARTIN

Note 1: All ﬁgures mentioned in the slide are consolidated ﬁnancials

Investor Presentation

| |

Long term issuer rating at ‘IND A+’ / Outlook: Stable

A+

A-

BBB+

BBB

BBB-

July'19

July'20

Aug'21

Aug'22

Aug'23

Aug'24

Jul'25

▪

India Ratings and Research Pvt. Ltd. recently rea(cid:443)rmed Usha Martin Ltd.’s ratings at “IND A+/Stable” for Long Term Credit Facilities and “IND A1+” for Short-Term Credit Facilities

USHA MARTIN

India Ratings &Researcli

A Fitch Group Company

Current Rating

A+

Outlook

Stable

Last Review

July’25

Investor Presentation

Robust cash ﬂows



OCF to EBITDA during H1FY26 at 123%, E(cid:442)ective working capital management continue to strengthen free cash ﬂow generation

Healthy free cash ﬂows reﬂect prudent capital allocation and strong cash conversion, providing su(cid:443)cient headroom for future growth initiatives

IN RS. CRORE

Operating Cash Flow (% of EBITDA)

123%

78%

38%

I ■

146

217

FY21

FY22

94%

91%

561

541

67%

345

FY23

FY24

FY25

390

H1FY26

Free Cash Flow

229

177

166

177

107

I I

FY23

FY22

FY21

FY24

FY25

H1FY26

USHA MARTIN

Note 1: All ﬁgures mentioned in the slide are consolidated ﬁnancials Note 2: EBITDA calculated without other income

Investor Presentation

Focus on enhancing shareholder value

FY25

Rs. 91.37 crore

Dividend Paid

<<<<<<

~22%

of Proﬁt After Tax

FY24

Rs. 83.80 crore

Dividend Paid

<<<<<<

~20%

of Proﬁt After Tax



Dividend distribution policy (Link)



Aspires to maintain healthy dividend payout

Dividend Payout Policy

USHA MARTIN

Investor Presentation

SUMMARY

Investor Presentation

| 30 |

Resilient. Global. Future-Ready

Global Leadership

Diversiﬁed Business Model

Innovation & Value Migration

Strategic Transformation

Financial Strength

Among the world’s top 5-speciality wire rope manufacturers with presence across 6 continents

Balanced portfolio across mining, elevators, oil & o(cid:442)shore, infrastructure and industrial applications

Focused capex, R&D and product upgrades (e.g., Galstar, Plasticated LRPC, Ocean Fibre) to support and drive higher-margin growth

“One Usha Martin” driving operational e(cid:443)ciency, global integration, increased competitiveness and enhanced governance

Net-debt-free, strong cash generation and disciplined capital allocation enabling self-funded growth

USHA MARTIN

Investor Presentation

SUSTAINABILITY

Investor Presentation

| 32 |

ESG strategy - Key focus areas

Care for Environment

Product Stewardship

Care for People

Sustainable Partnerships

Ethical Business

 Climate stewardship

 Air emissions management

 Water stewardship

 Waste management and

circular economy



Biodiversity management



Sustainable product design & innovation

 Operational e(cid:443)ciency

and resource optimization



Ethical and transparent labelling



Retention and development of diverse talent

Ensuring employee health and wellbeing

 Upholding and

protecting human rights

 Creating diversity and

inclusivity



Fostering safe work environment

 Community engagement

 Corporate governance

 Customer centricity

 Code of conduct



Responsible sourcing



Regulatory compliance

 Data privacy and security

RESHAPING THE INDUSTRY WITH RESPONSIBILITY

USHA MARTIN

Investor Presentation

ESG achievements and targets Accelerating sustainability impact through targeted initiatives

,..

Care For Environment

Care For People

Achievements FY25

Targets

 Water audits conducted for Ranchi and Hoshiarpur  Energy audit conducted for Ranchi and Hoshiarpur



 

1.22 tCO2e/MT GHG emission intensity (scope 1 & 2)

Zero Accidents 29% increase in female workforce

4.3/5 People Pulse Survey Score 43.9% increase in average training hours per employee/worker

 Achieve a 10% reduction in energy intensity in manufacturing

operations by FY 2029–30 from baseline FY 2024–25

 Achieve a 50% reduction in water withdrawal by FY 2029– 30

from baseline FY 2024–25

 Achieve and maintain an annual ‘Zero Harm’ status 

Provide 16 + hours of training to each employee (O(cid:443)cer grade) annually.

 Maintain at least 25% female representation in new o(cid:443)cer level

hires each year

\..~

Product Stewardship

Life Cycle Assessment (LCA) three products

  Ongoing EPD certiﬁcation 

Zero non-compliance regarding product and services, health and safety impact of product

••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••

 Obtain Environmental Product Declaration (EPD) certiﬁcation for

10 products by FY 2029-30

Sustainable Partnerships

 



66% of critical suppliers assessed for ESG performance 89/100 Customer Satisfaction Index

21,262 lives impacted through CSR initiatives compared to 18,445 in FY 2023-24

 Conduct ESG assessment for top 50 critical suppliers by FY 2029-

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

■

Ethical Business

 Manufacturing units are ISO 9001, 14001 & 45001 certiﬁed  4 Independent Directors and 3 Whole Time Directors on the Board 97% Average attendance of directors



Ensure 100% annual compliance with Human Rights and Anti- Corruption policies and Code of Business Ethics across all operations while dealing with suppliers and customers

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1 1 usHA '-" MARTIN

Investor Presentation

ESG action highlights

Accelerating sustainability through focused initiatives

 Decarbonization roadmap in

progress, anchored on renewable energy adoption, alternate fuels substitution, and energy e(cid:443)ciency enhancement 4 MWp Rooftop solar capacity under installation Fuel switching initiatives to reduce Scope 1 emissions



 Optimizing water utilization through

treatment and reuse

Care for Environment



Regular safety training programs across manufacturing units

 Ongoing health and safety training to all employees /workers

 Continued focus on diversity and inclusion in new hiring

Ethical Business



Board-level ESG oversight through a dedicated ESG Committee and clear reporting mechanisms Strengthened disclosures and stakeholder engagement

 Alignment with global sustainability



reporting standards Strict adherence to polices and code of conduct

Care for People



Lifecycle Assessments (LCAs) conducted for key product lines Strengthened responsible sourcing and packaging initiatives Responsible and transparent market communication

Product Stewardship

Sustainable Partnerships



Supplier assessments initiated to strengthen ESG compliance Enhanced customer engagement on sustainable solutions

Expanded community development programs focusing on education, healthcare, women empowerment and livelihood initiatives 66% of suppliers (by procurement value) evaluated on ESG criteria, - Environment, Labour, H&S, Ethics, and Human Rights

USHA MARTIN

Investor Presentation

Corporate Social Responsibility (CSR) Initiatives

Natural Resource Management

Addressing waterbody restoration, adoption of productive agricultural methods, soil preservation & social forestry.

Health, Nutrition & Sanitation

Addressing preventive care through mobile camps, health counselling in schools, nutrition promotion, and cataract operations.

Education & Learning

Providing support in operating a school for the underprivileged including repairs & maintenance, conducting yoga classes, introducing Smart Learning, adopting Ekal Vidyalaya and building awareness of the environment.

Livelihood & Financial Inclusion

Supporting skill development courses like electrician, plumbing, tribal artwork, solar panel, jute and paper bag making, beautician, F&B, two- wheeler motor servicing & other vocational training.

Sport & Infrastructure Development

Promoting sports activities in school, solar light installation, access to safe drinking water, repairing of village library, distributing sports kits & Anganwadi, etc.

Empowering Di(cid:442)erently Abled

Capacity building of disabled on life skill education, caregivers, distribution of aids & appliances.

2,912 Natural Resource Management

11,359 Health & Sanitation

2,097 Skill Development & Training

2,198 Education and Learning

385 Livelihood & Entrepreneur

2311 Infrastructure, Sports & Others

21,262 TOTAL BENEFICIARIES

USHA MARTIN

Investor Presentation

Governance structure in place to drive transparency, accountability and sustainability

Governance Framework:  Three-tier governance structure: Board → Strategic → Operational levels for sustainability and risk oversight.

 The Board of Directors provides overall ESG and

strategic guidance through the Sustainability Council.

 Sustainability Council monitors ESG progress and reviews key environmental and social initiatives.

 Sustainability performance is reported to the Board half-yearly, ensuring accountability and performance tracking.

Ethics & Compliance:  Zero-tolerance approach to corruption, bribery, and

human rights violations.

 All employees trained under anti-bribery and ethical

conduct programs.

Board of Directors 4 Independent Directors, 3 Whole Time Directors

Audit Committee

Risk Management Committee

Finance Committee

Nomination & Remuneration Committee

Stakeholders Relationship Committee

CSR Committee

Sustainability Council

Management Team

USHA MARTIN

Investor Presentation

ANNEXURE

Investor Presentation

| 38 |38

Usha Martin’s new visual identity

Mother brand

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ENGINEERED TO TRANSFORM

Manufacturing Units

1 1 usHA ' - ' MARTIN

I l l BRUNTON I l l SHAW

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I I I IJ BRUNTON .-111 WIRE ROPES

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Service Centres

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GLOBAL DEVELOPMENT CENTRE

Other Divisions

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CABLES

PENGG USHA MARTIN

Corporate Initiatives

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FOUNDATION

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LEARNING ACADEMY

Investor Presentation

| |

Wire rope production process

Surface treatment (Descaling)

Descaling wire rod eliminates rust and scales, while surface coating facilitates drawing.

Wire Rod (Rolled Product)

Steel wire products begin with wire rod supplied by steel mills, produced via hot rolling from billet.

USHA MARTIN

1st stage of Drawing

The descaled and surface-coated wire rod undergoes the initial drawing process to achieve the required diameter and mechanical properties for further processing or for the intended application.

Patenting

Heat treatment is applied to transform the wire into the necessary microstructure and to facilitate further drawing.

2nd Stage of Drawing (Final Drawing)

Following the initial wire drawing and patenting, the ﬁnal drawing process is carried out to achieve required diameter and mechanical properties for the intended application.

Drawn Wire Stranding (with Twisting)

Wires are positioned helically over a central member, forming the structure of the strand.

Closing

Strands are positioned around the core, completing the construction of the wire rope.

Investor Presentation

Manufacturing set-up - India

Ranchi Facility: Spread across an area of more than 100 acres, this facility is one of the world’s largest wire rope manufacturing facility

Ismal Unit, Ranchi: Well-equipped facility with over 3 decades of experience in manufacturing and supply of pre-stressing machines & accessories

Hoshiarpur Plant: Set up in 1974 in Punjab, India, spread over 8 hectare is the largest wire & wire rope unit in Northern India

UM Cables Plant, Silvassa: A dedicated manufacturer and exporter of high-quality telecommunication cables, ﬁber reinforced plastic rods (FRP)

USHA MARTIN

Pengg - Usha Plant, Ranchi: Pengg Usha is a JV between Usha Martin and Joh Pengg AG of Austria to produce oil tempered wire, required by the automotive industry

Investor Presentation

Manufacturing set-up - International

I l l ~ BRUNTON '1111 WIRE ROPES

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I l l BRUNTON I l l SHAW

USHA MARTIN

USHA SIAM

USHA MARTIN

UAE

THAILAND

Located at Jebel Ali Free Zone in Dubai (UAE), this facility was set up in the year 2003. Apart from the Middle East market, Brunton Wire Ropes also caters to 33 countries, which includes Europe, North America, South America, North Asia, Australia, Africa and Southeast Asia.

Located in Nottinghamshire, UK, the company manufactures high-quality wire ropes for a wide range of applications. Its state-of-the-art production facility is one of the most modern in Europe, allowing to produce single- length wire ropes of up to 400 tons.

Usha Siam has been operating in Bangkok, Thailand, since the early 1980s. As the largest wire rope manufacturer in the country, it produces a wide range of products, including steel wire ropes, auto cables, ﬁne ropes, strands, and specialty wires catering to the domestic and international markets.

USHA MARTIN

Investor Presentation

Marquee projects

New Pamban Bridge, Rameswaram - operating with structural wire ropes

Chenab Bridge (World's highest railway arch bridge) - Cable cranes with locked coil ropes lifted all bridge segments.

World’s longest hanging bridge for adventure tourism in Italy - Cables with special end connection

Disneyland, Shanghai, China - Full locked coil, supporting cables

Ambargodlu – Kalasavalli Bridge, Karnataka (India’s second-longest cable- stayed bridge) - PE Coated LRPC

Anchor Mooring Ropes delivered to one of the largest rigs in the world located in China

Lions Gate Vancouver, Canada - Supporting locked coil

Reliance Sasan Coal Mine (one of the world’s largest dragline - Caterpillar) - Hoist & drag rope

USHA MARTIN

Investor Presentation

Globally recognized certiﬁcations and licenses

ISO 45001: 2018 Occupational Health & Safety

ISO 14001: 2015 Environmental management systems

Certiﬁcate of Authority issued by American petroleum institute

ISO 9001: 2015 Quality management Systems

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DGMS Approval

Manufacturing Assessment issued by ABS

NABL Testing

CEN Certiﬁcation for Cableways

Approved Manufacturer of Steel Wire Rope issued by Lloyd’s

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Investor Presentation

Commitment to global sustainability standards

 Assessed by EcoVadis, a global sustainability rating platform

 Received Bronze Medal for sustainability performance

 Evaluation covers Environment, Labor & Human Rights, Ethics, and Sustainable Procurement

 Continuous improvement plan in place to achieve higher rating tiers

 Signatory to the UNGC in July 2025, aligning business strategy with the 10 Principles

on Human Rights, Labour, Environment, and Anti-Corruption



Initiating ﬁrst Communication on Progress (CoP) to demonstrate transparency and accountability in sustainability practices

 Demonstrates commitment to the UN Sustainable Development Goals (SDGs)

USHA MARTIN

Investor Presentation

Market snapshot

Key Market Statistics

BSE/NSE Ticker

CMP (Rs.)

Market Cap (Rs. Crore)

As on 30th September 2025

517146 / USHAMART

460.30

14,027.27

Number of outstanding shares (Crore)

30.47

Face Value

1.00

52-week High / Low (Rs.)

481.10 / 278.80

Shareholding pattern as on 30th September 2025

Public including Employee Welfare Trust, 20%

Corporate Bodies, 13%

Promoters, 41%

Institutional Investor, 26%

USHA MARTIN

Investor Presentation

About Us:

Established in the year 1960, Usha Martin is a leading global and India’s No. 1 specialty steel wire rope solutions provider. The Company is also engaged in the manufacturing of high-quality wires, low relaxation prestressed concrete steel strand (LRPC), bespoke end-ﬁtments, accessories and related services.

Usha Martin’s wire rope manufacturing facilities in Ranchi, Hoshiarpur, Dubai, Bangkok and UK produce the widest range of wire ropes that ﬁnd application in various industries across the world. All of the company’s facilities are equipped with the latest state-of-the-art high-capacity machines to manufacture world-class products.

Usha Martin’s global R&D center located in Italy is actively engaged in designing of wire ropes and uses proprietary design software to develop products that are the best in class. The Company also has a comprehensive R&D facility in its manufacturing unit at Ranchi, India. Usha Martin has an extensive and dedicated network of distribution centers located across the globe.

Corporate Identiﬁcation No: L31400WB1986PLC091621

Regd. O(cid:443)ce: 2A, Shakespeare Sarani, Kolkata – 700 071, India

Usha Martin Limited

Tel: +033 – 71006 511 / 320

Email: investor@ushamartin.co.in

Anoop Poojari / Devrishi Singh

CDR India

Tel: +91 98330 90434/ + 91 98205 30918

Email: anoop@cdr-india.com

devrishi@cdr-india.com

USHA MARTIN

Investor Presentation

USHA MARTIN

THANK YOU

USHA MARTIN LIMITED

2A, Shakespeare Sarani, Kolkata - 700 071, India

contact@ushamartin.com www.ushamartin.com

Investor Presentation

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